Anti-Money Laundering

By: Euromoney Financial Training

This course will provide you with a full update on the European Union’s 4th Money Laundering Directive (“4th MLD”) and will enable you to be ready to implement the new law when it comes into force imminently. The 4th MLD will be covered in detail under all the relevant topic headings, as set out below.

For those based outside the EU, the 4th MLD represents the latest global best practice in AML / CFT and will therefore be of equal relevance to all countries.

It will also be of direct relevance to all sectors, not just those within the Financial Services sector. This course will highlight the relevance to different sectors from the principles, practices and authorities discussed, and will pin-point sector-specific differences in application.

Counter financing of terrorism

Total KYC framework

KYC regulatory requirements

KYC management pitfalls

Global compliance issues

Customer due diligence

Enhanced due diligence

Customer identification practices

Full KYC vs. Risk-based KYC

By attending this practical two day training course, you will:

Understand how the latest changes to AML and counter financing of terrorism (CFT) legislation will affect you

Comprehend the total KYC framework, including KYC regulatory requirements and management pitfalls

Pinpoint the global compliance issues and assess their impact, including the FAFT Recommendations 2012, the UK Bribery Act, and the interrelationship of AML with Anti-Bribery and other anti-financial crime laws

Consider the best practices in customer due diligence and identification to be adopted

Learn how to spot suspicious transactions and activities, identify the new techniques of Launderers and related Red Flags, and understand the latest typologies and criminal trends

Venue:

Attendance Fee:

Facilitators:

The Course Director is a world renowned expert on anti-money laundering, anti-corruption, and anti-fraud procedures. She approaches the topic from a unique perspective as she is both a Chartered Accountant and Solicitor. She is the author of the original Accountants Digest publication on money laundering, published by the Institute of Chartered Accountants in England and Wales.